The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Burlington Stores Inc (BURL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $3.29, or 2.41%, to $140.00. The Burlington Stores Inc has recorded 207,017 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Burlington Stores Kicks Off the Holiday Season with its Coat Event in Partnership with Delivering Good.
Burlington Stores Inc is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Apparel Retail industry. At the end of the last regular session, the stock closed at $136.71 and fluctuated between $137.65 as its day high and $133.09 as its day low. The current market capitalization of Burlington Stores Inc is $8.87B. A total of 3.53 million shares were traded on the day, compared to an average of 1.65M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, BURL has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 765 shares. Over the last 12 months, there were 23 BUYs and 29 SELLs from insiders. Insiders purchased 96,953 shares during that period but sold 65,889.
In the most recent transaction, MCNAMARA WILLIAM P sold 500 shares of BURL for 212.26 per share on Mar 21. After the transaction, the Director now owns 8,154 company shares. In a previous transaction on Mar 17, Vecchio Jennifer sold 47,153 shares at 209.46 per share. BURL shares that Group President and CMO owns now total 55,173.
Among the insiders who sold shares, LAUB JEFFREY disposed of 2,917 shares on Nov 28 at a per-share price of $195.63. This resulted in the SVP, Finance and CAO holding 3,165 shares of BURL after the transaction.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for BURL in the last 3 months, the mean price target is $180.60 with high estimates of $225.00 and low estimates of $120.00. In terms of 52-week highs and lows, BURL has a high of $239.94 and a low of $115.66.
As of this writing, BURL has an earnings estimate of $0.99 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.26 per share and a lower estimate of $0.77. The company reported an EPS of $0.84 in the last quarter, which was -8.70% lower than expectations of $0.92.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BURL’s latest balance sheet shows that the firm has $1.09B in Cash & Short Term Investments as of fiscal 2022. There were $4.45B in debt and $1.95B in liabilities at the time. Its Book Value Per Share was $12.73, while its Total Shareholder’s Equity was $760.42M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BURL is Buy with a score of 4.53.